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For Companies At a Glance
- Tasks: Manage compliance with client contracts and oversee audits to protect revenue and reputation.
- Company: Join IPG Mediabrands, a global leader in media and marketing solutions managing $40 billion in investments.
- Benefits: Enjoy flexi-leave, free meals, early finish Fridays, and a range of health and wellness perks.
- Why this job: Be part of a diverse team driving accountability and transparency in a dynamic global environment.
- Qualifications: 6+ years in finance, audit, or compliance; strong analytical and communication skills required.
- Other info: Hybrid working model available; inclusive culture celebrating diversity.
The predicted salary is between 43200 - 72000 £ per year.
About Us
IPG Mediabrands is the media and marketing solutions division of Interpublic Group (NYSE: IPG). Mediabrands manages approximately $40 billion in marketing investment globally on behalf of its clients and provides strategic services and solutions across its award-winning, full-service agency networks UM and Initiative and through its innovative marketing specialist companies Reprise, Magna, Orion, Rapport, Healix, Mediabrands Content Studio and the IPG Media Lab. Mediabrands clients include many of the world’s most recognizable and iconic brands from a broad portfolio of industry sectors. The company employs more than 13,000 marketing experts in more than 130 countries representing the full diversity of humanity.
Role Description
The Global Compliance Manager (GCM) role is within the Mediabrands Global Compliance Team and the core aims of this team are as follows:
- Drive process and accountability for the transparent management and reporting of client related practices and agency contractual and commercial obligations across all markets.
- Clearly understand and communicate the obligations of global client contracts with respect to our global media operations.
- Ensure we manage client financial contract compliance audits consistently and professionally.
The ultimate objective being to protect revenue and reputation by ensuring our operations are compatible with our client contractual obligations. The GCM role is primarily responsible for supporting compliance with the company’s contractual agreements. This role also includes managing any audits of those contractual arrangements carried out by third party audit firms to safeguard the integrity of agency data and other proprietary information. The GCM is responsible for supporting the development and implementation of an effective and efficient compliance program globally in conjunction with the Global Compliance Team, consistent with the global framework, proactively auditing processes, practices and documents, training employees, and supporting in the management advise on possible risks.
Key Responsibilities
- Financial Contract Compliance Assurance: Work in the team of the Global Chief Compliance Officer (GCCO) from our London office. Work with the Global Compliance Directors (GCD), and Mediabrands’ Client Finance and Legal Teams to understand global client contracts in a consistent manner and support the driving of the communication and alignment process with Account Leads and Finance Teams to ensure obligations and risk are understood and deliverables timetabled for each client. Work in the delivery of the Audit Protocols, as well as its development, to ensure transparency across all our clients. Test and review key risk areas of our client obligations, such as e.g. Annual Volume Rebates, Unbilled Media and Client Credit to support on the fulfilment of our client obligations.
- Audit Management: Work with GCD to develop and implement Mediabrands wide audit protocols, outlining audit approach and key steps for all audits with a clear definition of roles and responsibilities across financial, legal, media, IT/data, client teams and other relevant stakeholders. Specific focus required to support how our client audits are currently being structured and managed, as well as supporting the local teams in the delivery of the information to third party auditors. Work with GCD to develop an audit repository by market/client and contains reports from each audit. The aim being to build a repository of learnings and precedents agreed by client and auditor. Issuance of common problems / audit hotspots report directed to various internal stakeholders.
How we work day-to-day
The role is full time permanent position working five days a week. This role sits in the UK but on a day-to-day basis we work with our colleagues who are based in the countries we operate in across US, EMEA, LATAM and APAC. Hybrid working from our London office and homebased.
Desired Skills & Experience
- Proven experience of Contract Management and Financial Contract Compliance practices in the media planning and buying industry.
- Familiarity with media industry practices, related legal / contractual Client and Media Agency requirements, associated controls and professional standards.
- Fluency in English, any additional languages preferred.
- Strong analytical and interpersonal skills, combined with excellent communication skills (both written and verbal) and discretion.
- Skills to determine when and to whom to share confidential information and insights.
- The ability to demonstrate sound judgment, integrity and professional ethics.
- Highly organised, detail-oriented and possessing strong time management skills.
- Teamwork skills, together with working with cross-functional team.
- Business acumen, finance and analytic background.
- 6+ Years experience in finance, audit, compliance, risk or related field.
Reporting to: Global Compliance Director
Stakeholders: Legal (IPG/MB), GCF (IPG/MB), Controllers (IPG/MB), Internal audit (IPG), Chief Compliance Officer (IPG).
Employee Transparency
At IPG Mediabrands, we celebrate differences and believe this makes us stronger. IPG Mediabrands are equal opportunity employers and committed to championing an inclusive culture that provides a sense of belonging for all our employees. We do not discriminate against any applicant based on age, disability, race, colour, ethnicity, national origin, gender, sexual orientation, gender identity, religion, belief, marital status or any other characteristic protected by law.
The Perks
We aim to provide all our people with a supportive and fun work environment where you can develop your full potential and benefit from the broad range of opportunities within the agency. When you join us, we want to make sure you feel valued – and that you are rewarded for your fantastic work. So, we also offer a range of benefits:
- Flexi–leave, with 25 days annual leave to be taken as minimum.
- In addition to your holiday entitlement, the office usually closes between Christmas & New Year.
- Free breakfast and free lunch.
- Early finish Fridays.
- Core Hours (Mon-Thurs, flexible start/finish times).
- Electric vehicle salary sacrifices car scheme.
- Interest free season ticket loan.
- Paid time off for Volunteering.
- Group Income Protection.
- Life Assurance.
- Private Medical Insurance or Health Cash Plan (dependent on level).
- Group Personal Pension Plan with matched contributions from 3-6%.
- Generous Parental Leave & Pay.
- Employee Assistance Programme.
- Free eye tests.
- Flexible benefits including Dental, Travel insurance, Cycle to Work, Gym Discounts and many more!
Please note that if you are NOT a passport holder of the country for the vacancy you might need a work permit.
Global Compliance Manager - United Kingdom employer: Mediabrands
Contact Detail:
Mediabrands Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Compliance Manager - United Kingdom
✨Tip Number 1
Familiarise yourself with the media industry’s compliance standards and practices. Understanding the specific legal and contractual requirements in this sector will give you a significant edge during interviews.
✨Tip Number 2
Network with professionals already working in compliance roles within the media industry. Engaging with them can provide insights into the role and may even lead to referrals, which can be incredibly beneficial.
✨Tip Number 3
Prepare to discuss your experience with financial contract compliance in detail. Be ready to share specific examples of how you've managed audits or compliance processes in previous roles, as this will demonstrate your expertise.
✨Tip Number 4
Showcase your analytical skills by being prepared to discuss how you approach risk assessment and management. Highlighting your ability to identify potential compliance issues before they arise will set you apart from other candidates.
We think you need these skills to ace Global Compliance Manager - United Kingdom
Some tips for your application 🫡
Understand the Role: Before applying, make sure you thoroughly understand the responsibilities and requirements of the Global Compliance Manager position. Tailor your application to highlight relevant experience in contract management and compliance practices.
Craft a Strong CV: Your CV should clearly outline your experience in finance, audit, and compliance, particularly within the media industry. Use specific examples to demonstrate your skills in managing client contracts and conducting audits.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight your analytical skills and ability to work with cross-functional teams, as these are crucial for the position. Make sure to connect your past experiences to the key responsibilities outlined in the job description.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential for a compliance role.
How to prepare for a job interview at Mediabrands
✨Understand the Compliance Landscape
Familiarise yourself with the key compliance regulations and standards relevant to the media industry. This will not only help you answer questions confidently but also demonstrate your commitment to the role.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical abilities, especially in relation to contract management and financial compliance. Be ready to discuss how you've identified risks and implemented solutions in previous roles.
✨Communicate Clearly and Effectively
Since the role requires excellent communication skills, practice articulating complex compliance concepts in a straightforward manner. This will be crucial when discussing obligations with various stakeholders.
✨Demonstrate Teamwork and Collaboration
Be prepared to share experiences where you've successfully worked within cross-functional teams. Highlight your ability to collaborate with finance, legal, and client teams to achieve compliance goals.